TODD E. SIMPSON - 03 Nov 2021 Form 4 Insider Report for Seagen Inc.

Role
Chief Financial Officer
Signature
By: /s/ Jennifer Prosba For: Todd E. Simpson
Issuer symbol
N/A
Transactions as of
03 Nov 2021
Net transactions value
-$5,569,117
Form type
4
Filing time
05 Nov 2021, 17:21:38 UTC
Previous filing
02 Nov 2021
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $1,773,829 +40,232 +32% $44.09 166,879 03 Nov 2021 Direct F1
transaction SGEN Common Stock Sale $7,442,920 -40,232 -24% $185.00 126,647 03 Nov 2021 Direct F1, F2
transaction SGEN Common Stock Options Exercise $99,974 +2,156 +1.7% $46.37 128,803 04 Nov 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SGEN Incentive Stock Option (right to buy) Options Exercise $0 -2,156 -100% $0.000000* 0 04 Nov 2021 Common Stock 2,156 $46.37 Direct F3
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -40,232 -100% $0.000000* 0 03 Nov 2021 Common Stock 40,232 $44.09 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on November 11, 2020.
F3 Options vested at a rate of 25% on 8/17/18 and monthly thereafter until all the options were fully vested on 8/17/21.
F4 Options vested at a rate of 25% on 8/26/15 and monthly thereafter until all the options were fully vested on 8/26/18.